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Real-time Market Insights: DAT provides real-time data on spot market rates, capacity availability, and lane-specific trends, enabling informed decision-making. Advanced Analytics Tools: DAT offers sophisticated analytics tools to help users analyze market trends, identify opportunities, and optimize their freight operations.
Emerge’s award-winning marketplace provides access to direct capacity and live market conditions helping shippers and carriers make the strongest, most beneficial decisions when procuring domestic freight. The freight transportation market is tight, however, the procurement process used by many shippers contributes to their capacity issues.
The world’s largest shippers and capacity providers use the Emerge Freight Procurement Platform daily, showing immediate ROI for procurement and saving valuable time in the process. Applications that may be integrated into a TMS include apps for visibility, dynamic pricing, capacity management, carrier licensing/insurance, etc.
Many have commented that market balance will be driven more by carrier attrition versus an event that spurs freight volumes. Volumes were still elevated (certainly not like we saw in 2021) and capacity was inline. 2022 was a pretty good year from an industry standpoint. Figure 1.1
Executives at Blue Yonder refer to this as a “cliff event.” To avoid a cliff event, Blue Yonder has proceeded by turning its supply chain applications into applications that are part traditional software code and part microservices. Microservices also open new sales opportunities.
SONARs price, demand and capacity data spans across all modes to allow logistics leaders to benchmark, analyze, monitor and forecast the global physical economy. Our mission is to bring market intelligence and transparency to all parts of the ecosystem to yield better decision-making and performance.
Curtis is hosting the industry’s first live LTL Mastermind Event, November 9 th and 10 th in High Point, North Carolina. The closure of Yellow Transportation is a significant event for the LTL industry. It is likely to lead to higher rates, less capacity, and more reliance on other carriers for shippers.
Carriers will also need to stabilize their transportation networks in 2021 to make the most of existing capacity,” Cassidy writes, “but that stability seems farther away, not closer, as the number of US COVID-19 cases climbs rapidly.”. Ocean and Air Trends. An agile supply chain can also help you navigate scarcity and disruption.
It’s not a secret that capacity remains tight and freight rates stay high. Yet, produce shippers that take the time to think about the situation and what they can do to push through will have a better chance at finding capacity and keeping costs manageable. The challenges with finding capacity during produce season aren’t new.
In his current role as the Senior Director of Customer Strategy, Brad leads a team focusing on Solutions Architecture and Implementation Strategy whose mission is to work directly with shippers to bring efficiency to the capacity procurement process through technology.
It’s no secret that capacity gets tighter and freight rates higher for all shippers during produce season. Yet, produce shippers that make use of these suggested tips have a better chance of finding capacity and keeping their costs manageable. Fighting tight capacity and high freight rates? Shipping temperature-sensitive items?
Consumer buying behavior has tightened capacity in all modes of transportation. In a 2021 study by Inbound Logistics, logistics technology providers said that 58% of their shippers were concerned with capacity constraints, triggering 68% of shippers worried about how they were currently optimizing their transportation resources.
Weather events might also be factors. Therefore, produce ready for shipping may be stalled due to a limited supply of equipment and trucks (hindering capacity procurement ), fewer drivers, and the pressure everywhere to move things faster, save money, and get it done without impacting the customer experience.
Some areas in Florida have shelter-in-place orders, likely limiting available trucking capacity and shipper operations throughout the end of the week. Since more out-of-state carriers are providing services and taking routes outside of their standard area, that takes capacity out of the market and can drive up prices, according to Williford.
Today, companies like TruckX are launching trucking specific IoT products like: Dash cameras that will videotape the outward-facing (driver’s view) and inward-facing (view of the driver) are useful in the event of an accident. Sensors that can capture the approximate capacity used inside the trailer.
From manufacturing plant shutdowns in North America to goods piling up on Chinese factory floors, an extremely tight logistics capacity is disrupting international trade on a scale not seen in modern history. What is Tight Logistics Capacity? When there is more capacity supply than demand, we experience overcapacity.
The world’s largest shippers and capacity providers use the Emerge Freight Procurement Platform daily, showing immediate ROI for procurement and saving valuable time in the process. Emerge is custom built for freight RFP events and as a result the process is streamlined, easy, and saves shippers time and money.
Global supply chains have been tested repeatedly by a series of disruptive events, including the COVID-19 pandemic, U.S.-China However, recent disruptions including health crises, trade disputes, logistics bottlenecks, and climate-related events have exposed significant vulnerabilities in this model.
Twice a year we had a “PT” (Physical Training, I think) test that consisted of measured performance on five “events.” ” One of those events was a 2 mile run. A long, long time ago – in the days when computer programs were coded as holes in punch cards – I was in ROTC* in college.
The event has become well-established, with an American version launched last October in Las Vegas and an Asian event coming to Singapore next March. We’re still onboarding and almost at full capacity,” says Tomczak. The iconic TAETS venue in north Amsterdam will host the 9th edition of DELIVER Europe, the 4th at this site.
The world’s largest shippers and capacity providers use the Emerge Freight Procurement Platform daily, showing immediate ROI for procurement and saving valuable time in the process. Emerge is custom built for freight RFP events and as a result the process is streamlined, easy, and saves shippers time and money.
It was Tuesday afternoon of a traditional five-day kaizen event. It was easy to demonstrate that the oven actually had plenty of capacity, and could easily meet the need by operating it as it was designed. ” This was not a function of machine capacity. Math was on our side. I was still new at this.
Together, they break down the latest shifts in rates, the current state of capacity, and how unexpected weather events , like the rare snowstorm in North Florida, are affecting shipments across the country. Adapting to Seasonal Demands : Tips on how shippers can stay flexible, especially with rising demand in regions like Florida.
The resilience of your supply chain is determined by its structure and operations, whether we’re dealing with major immediate events like a pandemic or gradual systemic changes to your business environment over time. Typically it involves carrying extra inventory and hiring more workers than absolutely necessary.
Consumers were unable to travel, eat out, or attend events (concerts, sports, cultural) so they spent online. The lack of ocean capacity is making traditional ocean shippers look for options to support the holiday season. Airfreight is an option, however it is more expensive and capacity is tight.
COULD WE LOSE CARRIER CAPACITY….WITHOUT WITHOUT LOSING ACTUAL CAPACITY? If we don’t have a decline in the number of operating authorities, or available trucks, then how could we lose capacity? So how could this impact capacity? Certainly, this question could cause one to scratch his head. As you can see in Figure 1.1,
The uptick in rejection now appears to be more of a limit of capacity in certain markets versus carriers hedging their bets on the open load board. Drip, Drip, Drip Speaking of that capacity, there is a reduction happening, albeit a slow drip. As shown in Figure 1.2, Looking at volume in that market in Figure 1.3
Socio-political events like trade wars and political upheavals around the world. The Supply Chain Disruptions Include: Manufacturing capacity drops and become less efficient. Trucking capacity falls and costs increase. Trucking capacity falls and costs increase. Final mile capacity demand increases.
Importers are already front-loading as it will cost them much more in the event tariffs are being implemented. This front-loading and increased demand will come with capacity constraints, increased shipping costs, and higher rates for warehousing and trucking. warehouses rather than taking additional risks.
Flexible warehouse systems support modular scaling, allowing warehouse operators to add capacity incrementally without significant downtime. Handle Peak Demand Demand spikes, such as those during holidays or major promotional events, can overwhelm unprepared warehouses.
Strong Carrier Relationships : Our long-standing relationships with ocean carriers ensure that we secure priority space for your shipments, even when capacity is tight due to hurricane-related rerouting or congestion. By building flexibility into our logistics strategies, we can redirect shipments to less-affected ports, minimizing delays.
Conversely, it is predicted that the introduction of automated systems will result in an increase in container-handling capacity at the ports, which will have the effect of maintaining the current labor force and improving overall remuneration. What challenges might American ports face over the subsequent two-month period?
For more information visit paycargo.com About Hapag-Lloyd With a fleet of 300 modern container ships and a total transport capacity of 2.2 Hapag-Lloyd has a container capacity of 3.2 million TEU, Hapag-Lloyd is one of the world’s leading liner shipping companies.
Situation Companies are increasingly confronted with complex planning scenarios due to predictable events such as mergers and acquisitions, category expansions, supplier changes, and distribution evolution, as well as disruptive events including demand volatility, material shortages, capacity constraints, and logistical surprises.
The retail holiday season is when time sensitivity tends to ramp up, demand is at or near the highest level of the year, and capacity comes off the road for the holidays. For shippers and carriers alike, this translates into tighter capacity, higher rates and an urgent need for precision in delivery timing.
This is primarily due to a strong market and lower vessel capacity related to events in the Red Sea. According to The Loadstar , forwarders are reporting that there are container shortages in northern China.
Rev Up Your Engines: Preparing for DOT Blitz Week 2024 Search Search BlueGrace Logistics - May 2, 2024 DOT Blitz Week 2024, also known as the DOT Week, is an annual event organized by the Commercial Vehicle Safety Alliance (CVSA) that aims at promoting commercial vehicle safety through comprehensive roadside inspections.
Single people mark the occasion by spoiling and treating themselves to gifts and presents, but it wasn’t until Chinese eCommerce giant Alibaba chose the date to offer heavily discounted merchandise on its platform for 24 hours, starting at midnight on the 11th November, 2009, that Singles’ Day became a major commercial event.
ports have underscored the vulnerability of supply chains to such events, emphasizing the need for resilient warehousing solutions to mitigate delays and maintain inventory flow. These economic shifts can lead to fluctuations in demand for warehousing services, influencing capacity planning and operational scalability.
Also, the events in the past three years were a huge learning experience for the importers who otherwise haven’t paid this much attention to ocean freight rates and contract negotiations. The ongoing conflict between Russia and Ukraine, the Middle East conflict, and other major global events add further complexity to global supply chains.
Your organization’s ability to anticipate disruption, adapt to events, and build resiliency is rooted in how you maintain operational continuity. A wide range of events could prevent your supply chain from operating normally, but not all events have an equal impact. Capacity constraints and transportation delays.
Mr. Masters quickly determined that a procurement event was necessary just to set a baseline. He ran a network RFP (request for proposal) event. This event taught Simmons Foods just how fluid their network was (and still is). Masters joined when the company had started to create an enterprise approach to transportation.
Last Friday, a major milestone was reached in the Port of Houston’s bid to expand its capacity. ” The new project is critical for future port growth and black-swan events. After many issues with capacity at major ports on the U.S. West Coast in 2021, U.S.
While this creates tremendous value , it also br ings the inevitable risk that certain event s can have far-reaching consequences that influence supply chain s more than ever before. Most often , these events force demand and resource usage to fluctuate. Ready to equip your team for resilience? .
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